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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 265. (Read 1276936 times)

hero member
Activity: 588
Merit: 504
So what is going on with counterparty, any good news, something investors can look for?

Appearance by Niki: http://cryptotu.be/mastercoin-couterparty-at-coinscrum-london/

First major exposure will be at Inside Bitcoins Hong Kong in less than a month. That will be followed with Inside bitcoins Melbourne and CoinSummit London in early July. There will be hundreds of people in the audience at both Inside Bitcoins events. CoinSummit had over 5,000 people streaming the panels at the last event.

In addition to exposure for Counterparty, you'll see more businesses coming online and people starting to actually use them.

Besides that, I'm sure everyone reading this is telling their friends and making sure they know what Counterparty is. Right?

It is still hard to recognize what any of these will do to the value of XCP the token and the CP marketcap as a whole. if all swarm shares and dividends as well as all other assets are in BTC, it will contribute to BTC and NOT XCP.

the only operation/asset so far that has such potential is countersports.

This is why XCP is still around 0.0037-0.0045btc. the only item that caused price excitement for 48 hours was that launch.

Like I said here a few months ago. we should have either charged more for assets in XCP or force shares/payments in XCP to make this an integral part of the technology not a side thought. this is what etherium will do with ETH---- it will have to be part of every transaction which i think is wise.


I disagree somewhat, the true value lies within the protocol. XCP act as 'shares' in the cpunterparty protocol, in the same way that BTC acts as shares in Bitcoin protocol since the blockchain has established a network effect, despite the fact you could clone it. The more usage of Counterparty we see, the more valuable the limited, non inflationary shares can be, even if the majority usage is BTC denominated transport mechanism.

legendary
Activity: 1372
Merit: 1000
Like I said here a few months ago. we should have either charged more for assets in XCP or force shares/payments in XCP to make this an integral part of the technology not a side thought. this is what etherium will do with ETH---- it will have to be part of every transaction which i think is wise.

This is an interesting point and I'm not sure where I stand on it.  On one hand, we want our investment to increase in value so we want the purchase of XCP to become a necessity.  On the other hand, we want our investment to increase in value so we want to make Counterparty as useful and unrestricted as possible.  Perhaps this will become the main difference between Counterparty and Ethereum.
full member
Activity: 210
Merit: 100
So what is going on with counterparty, any good news, something investors can look for?

Appearance by Niki: http://cryptotu.be/mastercoin-couterparty-at-coinscrum-london/

First major exposure will be at Inside Bitcoins Hong Kong in less than a month. That will be followed with Inside bitcoins Melbourne and CoinSummit London in early July. There will be hundreds of people in the audience at both Inside Bitcoins events. CoinSummit had over 5,000 people streaming the panels at the last event.

In addition to exposure for Counterparty, you'll see more businesses coming online and people starting to actually use them.

Besides that, I'm sure everyone reading this is telling their friends and making sure they know what Counterparty is. Right?

It is still hard to recognize what any of these will do to the value of XCP the token and the CP marketcap as a whole. if all swarm shares and dividends as well as all other assets are in BTC, it will contribute to BTC and NOT XCP.

the only operation/asset so far that has such potential is countersports.

This is why XCP is still around 0.0037-0.0045btc. the only item that caused price excitement for 48 hours was that launch.

Like I said here a few months ago. we should have either charged more for assets in XCP or force shares/payments in XCP to make this an integral part of the technology not a side thought. this is what etherium will do with ETH---- it will have to be part of every transaction which i think is wise.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
Thanks to everyone who bought NICEPLUM assets, you rock!

do you have any threads/twitter/etc to update share holders ?
sr. member
Activity: 432
Merit: 250
Thanks to everyone who bought NICEPLUM assets, you rock!
member
Activity: 76
Merit: 10
Just btw... xbet already exists.

I really liked the name countersports more. It had a significant SEO advantage and ranks higher on google. Xbet fades in with other unaffiliated websites, which may eventually try a lawsuit if they're desperate enough.

I have to assume xbet.io is being used so they can also offer CFD functionality and not be tied to sports or any particular bet type.

I like both countersports and xbet equally as much.
hero member
Activity: 647
Merit: 510
Counterpartying
So what is going on with counterparty, any good news, something investors can look for?

Appearance by Niki: http://cryptotu.be/mastercoin-couterparty-at-coinscrum-london/

First major exposure will be at Inside Bitcoins Hong Kong in less than a month. That will be followed with Inside bitcoins Melbourne and CoinSummit London in early July. There will be hundreds of people in the audience at both Inside Bitcoins events. CoinSummit had over 5,000 people streaming the panels at the last event.

In addition to exposure for Counterparty, you'll see more businesses coming online and people starting to actually use them.

Besides that, I'm sure everyone reading this is telling their friends and making sure they know what Counterparty is. Right?
sr. member
Activity: 477
Merit: 250
Blockchain Just Entered The Real World
So what is going on with counterparty, any good news, something investors can look for?
hero member
Activity: 647
Merit: 510
Counterpartying
Just btw... xbet already exists.

I really liked the name countersports more. It had a significant SEO advantage and ranks higher on google. Xbet fades in with other unaffiliated websites, which may eventually try a lawsuit if they're desperate enough.

I have to assume xbet.io is being used so they can also offer CFD functionality and not be tied to sports or any particular bet type.
Do you think xbet will be popular during the worlds cup?

I hope so!

XCP on hacker news: https://news.ycombinator.com/item?id=7858177
sr. member
Activity: 386
Merit: 250
newbie
Activity: 12
Merit: 0
Just btw... xbet already exists.

I really liked the name countersports more. It had a significant SEO advantage and ranks higher on google. Xbet fades in with other unaffiliated websites, which may eventually try a lawsuit if they're desperate enough.

I have to assume xbet.io is being used so they can also offer CFD functionality and not be tied to sports or any particular bet type.
Do you think xbet will be popular during the worlds cup?
hero member
Activity: 647
Merit: 510
Counterpartying
Just btw... xbet already exists.

I really liked the name countersports more. It had a significant SEO advantage and ranks higher on google. Xbet fades in with other unaffiliated websites, which may eventually try a lawsuit if they're desperate enough.

I have to assume xbet.io is being used so they can also offer CFD functionality and not be tied to sports or any particular bet type.
sr. member
Activity: 432
Merit: 250
Just btw... xbet already exists.

I really liked the name countersports more. It had a significant SEO advantage and ranks higher on google. Xbet fades in with other unaffiliated websites, which may eventually try a lawsuit if they're desperate enough.
full member
Activity: 220
Merit: 100
sr. member
Activity: 309
Merit: 250
Swarm
Cryptoequity: Legal Considerations

Joel Dietz, a member of the community, has authored a nice paper that provides an overview of the US legal landscape surrounding fund-raising with Counterparty and other crypto platforms. We've posted his paper on our blog for anyone interested:

https://www.counterparty.co/cryptoequity-legal-considerations/

We hope this will help others interested in this very relevant application on Counterparty technology, and we're excited about Counterparty continuing to power some of the most innovative enterprises in Bitcoin.


Actually one of my main consideration is why BTCT and BitFunder could not survive but Spawn can. Is there any main difference between them and Spawn?


I believe Swarm is directing users to http://counterwallet.co, and the cryptoproperty they're selling (SWARM) are assets owned by individual backers bitcoin addresses, so the answer to your particular question "What happens if Swarm fails" is a little complex.

If swarm the company fails, the value they were going to provide in exchange for SWARM (access to their crowdfunding platform and other things) won't be there, so the value will almost certainly go down in the event the company giving it value fails.  

but that failure would not result in the loss of the token.  Where the centralized crypto-equity exchanges take the records and tradable asset with them when they go, the demise of swarm would have zero impact on the token (SWARM) holdings of its users.

So it's better in one way, but no different in the other.  Failure is still bad, just not paralyzing.

Thanks a lot for your thoughts, mindtomatter.

I am more concern about the Swarm project, not the Swarm token. If Swarm project cannot succeed, the Swarm token has zero value. I don't want to be just an early adopter earning money by selling high to the late comers.

Pretty much everything that has been said so far is true. If Swarm as a corporate entity fails, then SWARM tokens will probably lose value. That said, because SWARM actually distributes new tokens and access to presale that are done on the SWARM platform, it is quite possible that all of these other tokens acquired via SWARM will increase in value even if the legal entity behind SWARM is shut down. So the downside risk is relatively small.

That said, we are working hard to make sure that SWARM is compliant with local regulation. Also even if the US locks us out we can still offer our sales to non-US residents.

One other interesting possibility is that we could continue offering coin launches without any associated legal entity. 




member
Activity: 76
Merit: 10
i like xcp Cheesy

This is a very good coin, it can bring us money! I also like it very much!
 Smiley
legendary
Activity: 882
Merit: 1000
Cryptoequity: Legal Considerations

Joel Dietz, a member of the community, has authored a nice paper that provides an overview of the US legal landscape surrounding fund-raising with Counterparty and other crypto platforms. We've posted his paper on our blog for anyone interested:

https://www.counterparty.co/cryptoequity-legal-considerations/

We hope this will help others interested in this very relevant application on Counterparty technology, and we're excited about Counterparty continuing to power some of the most innovative enterprises in Bitcoin.

Thanks for the document, but in my opinion, it is too abstract to average readers.

Actually one of my main consideration is why BTCT and BitFunder could not survive but Spawn can. Is there any main difference between them and Spawn?

Remember 1) Counterparty is used by Spawn but it is transparent to Spawn users, so for Spawn users they are using a service very similar to BTCT and BitFunder. 2) BitFunder had to be closed even after they restricted US investors.

I personally had lost a lot of BTC due to the closure of BTCT and BitFunder, so please forgive me if I am over cautious on this topic.

I believe Swarm is directing users to http://counterwallet.co, and the cryptoproperty they're selling (SWARM) are assets owned by individual backers bitcoin addresses, so the answer to your particular question "What happens if Swarm fails" is a little complex.

If swarm the company fails, the value they were going to provide in exchange for SWARM (access to their crowdfunding platform and other things) won't be there, so the value will almost certainly go down in the event the company giving it value fails.  

but that failure would not result in the loss of the token.  Where the centralized crypto-equity exchanges take the records and tradable asset with them when they go, the demise of swarm would have zero impact on the token (SWARM) holdings of its users.

So it's better in one way, but no different in the other.  Failure is still bad, just not paralyzing.

Thanks a lot for your thoughts, mindtomatter.

I am more concern about the Swarm project, not the Swarm token. If Swarm project cannot succeed, the Swarm token has zero value. I don't want to be just an early adopter earning money by selling high to the late comers.
sr. member
Activity: 434
Merit: 254
Editor-in-Chief of Let's Talk Bitcoin!
Cryptoequity: Legal Considerations

Joel Dietz, a member of the community, has authored a nice paper that provides an overview of the US legal landscape surrounding fund-raising with Counterparty and other crypto platforms. We've posted his paper on our blog for anyone interested:

https://www.counterparty.co/cryptoequity-legal-considerations/

We hope this will help others interested in this very relevant application on Counterparty technology, and we're excited about Counterparty continuing to power some of the most innovative enterprises in Bitcoin.

Thanks for the document, but in my opinion, it is too abstract to average readers.

Actually one of my main consideration is why BTCT and BitFunder could not survive but Spawn can. Is there any main difference between them and Spawn?

Remember 1) Counterparty is used by Spawn but it is transparent to Spawn users, so for Spawn users they are using a service very similar to BTCT and BitFunder. 2) BitFunder had to be closed even after they restricted US investors.

I personally had lost a lot of BTC due to the closure of BTCT and BitFunder, so please forgive me if I am over cautious on this topic.

I believe Swarm is directing users to http://counterwallet.co, and the cryptoproperty they're selling (SWARM) are assets owned by individual backers bitcoin addresses, so the answer to your particular question "What happens if Swarm fails" is a little complex.

If swarm the company fails, the value they were going to provide in exchange for SWARM (access to their crowdfunding platform and other things) won't be there, so the value will almost certainly go down in the event the company giving it value fails. 

but that failure would not result in the loss of the token.  Where the centralized crypto-equity exchanges take the records and tradable asset with them when they go, the demise of swarm would have zero impact on the token (SWARM) holdings of its users.

So it's better in one way, but no different in the other.  Failure is still bad, just not paralyzing.
legendary
Activity: 882
Merit: 1000
Cryptoequity: Legal Considerations

Joel Dietz, a member of the community, has authored a nice paper that provides an overview of the US legal landscape surrounding fund-raising with Counterparty and other crypto platforms. We've posted his paper on our blog for anyone interested:

https://www.counterparty.co/cryptoequity-legal-considerations/

We hope this will help others interested in this very relevant application on Counterparty technology, and we're excited about Counterparty continuing to power some of the most innovative enterprises in Bitcoin.

Thanks for the document, but in my opinion, it is too abstract to average readers.

Actually one of my main consideration is why BTCT and BitFunder could not survive but Spawn can. Is there any main difference between them and Spawn?

Remember 1) Counterparty is used by Spawn but it is transparent to Spawn users, so for Spawn users they are using a service very similar to BTCT and BitFunder. 2) BitFunder had to be closed even after they restricted US investors.

I personally had lost a lot of BTC due to the closure of BTCT and BitFunder, so please forgive me if I am over cautious on this topic.
hero member
Activity: 700
Merit: 500
Ok, I have started a Bitcoin Difficulty feed from address

1ADigCqe5tWXBXcM1V82oWaXRNW2wUpXUS

I will attempt to update the feed within 24 hours of every bitcoin difficulty change.  I will definitely try to automate this feed in the future when I get a full counterpartyd installation set up, but I'm doing it manually from Counterwallet now.  So it would be best not to make your bet dates cut too close to the actual change dates -- give it a couple of days Smiley

I tried to make a bet from within Counterwallet, but it doesn't pull anything up when I input the feed address.  Is it possible to make a bet using your own feed?  I was going to try to seed it with some small bets Smiley
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